Job Description
Position: CAM Analyst
Location: Irvine, California
Type: 8am-5pm Monday - Friday - Full-time (In-Office)
Salary: up to $95k/year
ABOUT US:
We are a leading real estate management firm specializing in retail, industrial, and office properties across the United States. We are committed to delivering exceptional service and maximizing the value of our clients' investments through strategic property management and solutions.
JOB SUMMARY:
CAM Analyst for the Irvine office of Commercial Property Management Company, reporting to CFO. In this position your primary duties will be to review and process Operating Expense reconciliations (CAM, Taxes, Insurance, and Utilities) ensuring lease compliance.
KEY RESPONSIBILITIES:
Have a thorough understanding of retail accounting principles including recovery ratios and methods, allocating costs to various CAM/CAMA pools, accrual, and cash basis accounting, reading, and understanding financials and being able to abstract information from a lease.
Responsible for processing monthly Base Rent/CAM/INS and RE taxes, including other miscellaneous financial obligations.
Assist with conducting audits and analyzing lease documents, addressing any discrepancies, issues, and questions, make recommendations and implement solutions.
Tracking and maintaining critical lease dates.
Reviewing lease documents and databases to ensure accuracy and lease compliance.
Abstracting and interpreting commercial lease documents (leases, amendments, sublease, CCR’s).
Assist in completing other tasks within the department when additional resources are needed.
Establish and implement a lease audit function to review existing data in the Yardi system and identify areas of improvement and maximize revenue opportunities/CAM savings.
Responsible for responding to internal and external communication regarding leases and rent/cam charges.
NOTE: Company reserves the right to adjust your duties and responsibilities at any time.
QUALIFICATIONS:
Experience:
Minimum of 5-10 years of experience in commercial property management, with a focus on retail and office spaces.
Education:
Bachelor’s degree in business administration – Accounting – Financial Management.
Skills:
- Strong financial acumen and experience with CAM/CAMA pools.
- Accrual and cash basis accounting.
- Lease Abstract, processing monthly Base Rent/CAM/INS.
- Budgeting and Financial reporting.
- Excellent communication and interpersonal skills.
- Proficiency in property management software (i.e., Yardi).
- Ability to multitask and prioritize in a fast-paced environment.
- Strong problem-solving and decision-making abilities.
Benefits:
- Health, dental, and vision insurance
- 401(k) plan
- Paid time off and holidays
- Professional development opportunities